AB Forex
speedtrader
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Overview
AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while speedtrader was established in 2017 and is based in Netherlands. AB Forex holds licences including Unregulated, while speedtrader is regulated by Financial Conduct Authority (FCA) among others. AB Forex serves 10,000+ clients worldwide; speedtrader has 3,500,000+. The minimum deposit is $100 at AB Forex and $250 at speedtrader.
| Feature | AB Forex | speedtrader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F308 |
| Founded | 2003 | 2017 |
| Country | STOCKHOLM | Netherlands |
| Clients | 10,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between AB Forex and speedtrader, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at speedtrader). AB Forex charges withdrawal fees while speedtrader does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; speedtrader does not. AB Forex charges deposit fees; speedtrader does not. Overall, AB Forex scores higher on fees in our assessment.
| Feature | AB Forex | speedtrader |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
speedtrader supports social and copy trading features, which AB Forex does not offer. speedtrader edges ahead on platform breadth and functionality in our scoring.
| Feature | AB Forex | speedtrader |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | No | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and speedtrader compare. speedtrader runs regular live webinars; AB Forex does not. speedtrader has a video library; AB Forex does not. speedtrader publishes daily market commentary; AB Forex does not. speedtrader integrates third-party research tools (Trading Central, Autochartist); AB Forex does not. speedtrader maintains an archive of past webinars for on-demand viewing. speedtrader scores higher overall in education and research.
| Feature | AB Forex | speedtrader |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. speedtrader uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. speedtrader scores higher on deposit and withdrawal flexibility.
| Feature | AB Forex | speedtrader |
|---|---|---|
| Bank Transfer | No | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. speedtrader offers live chat; AB Forex does not, making speedtrader easier to reach in real time. speedtrader offers phone support; AB Forex does not. speedtrader offers email support; no email support was found for AB Forex. AB Forex supports 2 languages and speedtrader supports 8, giving speedtrader broader global reach. speedtrader scores higher overall on customer support in our assessment.
| Feature | AB Forex | speedtrader |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | No | Yes |
| Email Support | No | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |